Friday, July 27, 2007

Reuters H1 profit beats forecasts, sales strong

(Reuters) - LONDON, July 27 - News and information provider Reuters Group Plc , which is being taken over by Canadian publisher Thomson Corp , posted a higher-than-expected interim trading profit and said sales were strong.



"Against the backdrop of the pending Thomson-Reuters transaction, Reuters stayed focused on driving growth in the first half and delivered the strongest six months of sales and installations in more than five years," Reuters Chief Executive Tom Glocer said in a statement on Friday.


Read more at Reuters.com Mergers News

No comments: